Purchase Solution

Project management :continous budget, project budget

Not what you're looking for?

Ask Custom Question

Do you agree or disagree with the following statements?

A. Continuous budgets are not a good idea for project managers. They never know how much they should be spending and this gives them the freedom to do whatever they want, whenever they want.

B. Project managers' budgets should not have as much flexibility in them and must be more time-specific.

C. Budget development involves costs, standards, and other accounting-oriented information.

D. Project managers do not need to be involved in the budgeting process

Purchase this Solution

Solution Summary

Solution contains information about budgets.

Solution Preview

A. Continuous budgets are not a good idea for project managers. They never know how much they should be spending and this gives them the freedom to do whatever they want, whenever they want.
Hint: Agree as for project managers there is always extra pressure to meet deadlines and achieve targets. Therefore continous budgets are ...

Purchase this Solution


Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.